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(SOLD) $525,000

229 Churchill Drive Richmond, KY  40475

Property Description for 229 Churchill Drive Richmond, KY 40475

OFFICE BLDG Introducing a stunning example of architectural elegance and versatile functionality. A charming 1.5 story brick property boasting a well-designed exterior with eye-catching architectural features. Nestled in a prime location just off Exit 90 of I75, convenience meets comfort in this multi-unit gem. Currently configured into three rental units, this property offers flexibility and potential for expansion, with the possibility of accommodating a fourth unit. Its walk-out lower level adds to the allure, providing easy access and additional space for tenants to enjoy. Whether you're an investor seeking a lucrative opportunity or a homeowner looking to capitalize on rental income, this property presents a rare chance to own a piece of real estate that blends style, functionality, and prime location all in one irresistible package. Don't miss out on making this property your next investment venture .Office bldg will have a new roof, gutters, window screens and facia board. suite # 3 is owner occupied and would like to sign a lease with buyer and remain as a tennent
QuickBuy option for home selling

Address:229 Churchill Drive Richmond KY 40475
Status:Sold
Sold On: 7/1/2024
Price:$549,000
Bathrooms:0
Year Built:9999
Lot Size:0.36
County: Madison
MLS #:24008879

Lot Dimensions:15682
Directions:Exit 90 off I-75 North on US 25 to S. Keeneland Drive, to Churchill Drive, 1st Street on the left.

Loan Price
$2,958
Price And Interest $2,739/month
Property Tax $0/month
MTG INS $0/month
HOME INS $219/month
Price
$525,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,628 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Richmond
Subdivision: S Bluegrass Jct
Zip Code:40475

Exterior Type:Brick
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Don and Lisa Foster Team -Don Foster and Don Foster with Berkshire Hathaway HomeServices Foster Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Richmond, KY Market Report

113
Avg. DOM
$155.67
Avg. $ / Sq.Ft.
$ 328,900
Med. List Price

The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $24,848.68. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Richmond are going Down. The average house price is $325,000.00 and the average price per square feet is $158.35 per square feet. At the moment, the amount of homes listed is exactly 757 houses, with 217 with active status, 87 with pending status and 453 sold in Richmond .

The most popular place to buy a home in Richmond is 008 - Madison County. 008 - Madison County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Richmond .

The average amount of property taxes you would have to pay for a home in Richmond is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Richmond are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Richmond was 1616 minutes ago.

At the moment we have 21 open houses that you can visit.

The cost of the most expensive home in Richmond is $1,250,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Richmond is $90,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Richmond in year 1950 and the newest built house is in year 9999.

The average size of properties in Richmond is 66.15 sq.ft. , the biggest one being 3445 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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